The ideal Lost Planet 2 experience is to get the game with a bunch of friends and play through the campaign online, each on your own full-sized screen. Playing with strangers can be fun as well, and matchmaking is good, but the punishing penalty for a team that dies too many times and the trust system in place for skipping cutscenes means it's going to be hit or miss. Meanwhile, singleplayer is pretty dry, and splitscreen is probably unplayable on a small TV.
Well, you've been warned. Now, if it still sounds like a place you want to go, make sure you don't miss it.